ViorelBadin
Long

OIL DOUBLE BOTTOM LONG IDEA

FX:USOIL   CFDs on Crude Oil (WTI)
PRICE CAME DOWN AND RETESTED THE MAJOR SUPPORT TREND LINE AND THE 0.618 (43.00) FIB LEVEL.
PRICE SHOULD BOUNCE BACK.
ENTER WITH A BUY STOP JUST BELOW THE 43.60 PRICE LEVEL.
STOP LOSS JUST BELOW THE 0.618 FIB LEVEL AND THE MAJOR SUPPORT TREND LINE .
PROFIT TARGET IS 46.70 PRICE LEVEL.
STOCHASTIC/RSI IS GOING BELOW THE 20 LEVEL.
Trade active: GOOD TRADE SO FAR
Trade closed: target reached: 260 pips profit. trade closed.
ViorelBadin MindTrader
good chart. thanks for sharing.
Reply
Not yet. I think it will hit 41.90 first. Let's see what happen.
Reply
let's see.
Reply
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